Here you can find the List of Biggest Lithuanian companies (Company in Lithuania) which are sorted out based on the Total Revenue. IGNITIS GRUPE is the largest company in Lithuania with a revenue of $ 1,215 Million in the recent year followed by LINAS AGRO GROUP and TELIA LIETUVA.
List of Biggest Lithuanian companies
So here is List of Biggest Company in Lithuania which are sorted out based on the total Sales (Revenue) in the last year.
S.NO | Lithuanian Company | Sales | Industry | Employees | Sector | Debt to Equity | Return on Equity | Stock Symbol |
1 | IGNITIS GRUPE | $ 1,215 Million | Alternative Power Generation | 3836 | Utilities | 0.7 | 9.7% | IGN1L |
2 | LINAS AGRO GROUP | $ 942 Million | Agricultural Commodities/Milling | 2102 | Process Industries | 1.5 | 10.6% | LNA1L |
3 | TELIA LIETUVA | $ 398 Million | Major Telecommunications | 2161 | Communications | 0.7 | 18.5% | TEL1L |
4 | ROKISKIO SURIS | $ 211 Million | Food: Meat/Fish/Dairy | Consumer Non-Durables | 0.2 | 0.7% | RSU1L | |
5 | LITGRID | $ 206 Million | Electric Utilities | 308 | Utilities | 0.3 | 13.6% | LGD1L |
6 | ZEMAITIJOS PIENAS | $ 182 Million | Food: Meat/Fish/Dairy | 1418 | Consumer Non-Durables | 0.1 | 8.4% | ZMP1L |
7 | PIENO ZVAIGZDES | $ 171 Million | Food: Meat/Fish/Dairy | Consumer Non-Durables | 0.9 | 12.7% | PZV1L | |
8 | APRANGA | $ 170 Million | Apparel/Footwear Retail | 1956 | Retail Trade | 0.8 | 11.0% | APG1L |
9 | SIAULIU BANKAS | $ 130 Million | Regional Banks | 756 | Finance | 1.8 | 14.3% | SAB1L |
10 | GRIGEO | $ 130 Million | Pulp & Paper | 859 | Process Industries | 0.1 | 18.2% | GRG1L |
11 | VILKYSKIU PIENINE | $ 121 Million | Food: Meat/Fish/Dairy | 830 | Consumer Non-Durables | 0.7 | 13.0% | VLP1L |
12 | VILNIAUS BALDAI | $ 99 Million | Home Furnishings | 923 | Consumer Durables | 2.0 | -13.8% | VBL1L |
13 | AUGA GROUP | $ 83 Million | Agricultural Commodities/Milling | 1236 | Process Industries | 1.0 | 2.5% | AUG1L |
14 | KLAIPEDOS NAFTA | $ 80 Million | Oilfield Services/Equipment | 411 | Industrial Services | 2.6 | -25.5% | KNF1L |
15 | PANEVEZIO STATYBOS TRESTAS | $ 75 Million | Engineering & Construction | 879 | Industrial Services | 0.5 | 22.2% | PTR1L |
16 | AMBER GRID | $ 52 Million | Gas Distributors | Utilities | 0.8 | 12.2% | AMG1L | |
17 | KAUNO ENERGIJA | $ 42 Million | Electric Utilities | 365 | Utilities | 0.4 | 6.1% | KNR1L |
18 | NOVATURAS | $ 33 Million | Other Consumer Services | 119 | Consumer Services | 0.6 | -1.3% | NTU1L |
19 | EAST WEST AGRO | $ 29 Million | Wholesale Distributors | Distribution Services | 0.4 | 36.1% | EWA1L | |
20 | SNAIGE | $ 29 Million | Electronics/Appliances | 528 | Consumer Durables | 2.0 | -12.4% | SNG1L |
21 | UTENOS TRIKOTAZAS | $ 28 Million | Apparel/Footwear | 1081 | Consumer Non-Durables | 0.6 | -19.0% | UTR1L |
22 | INVALDA INVL | $ 20 Million | Investment Trusts/Mutual Funds | 537 | Miscellaneous | 0.0 | 26.5% | IVL1L |
23 | LINAS | $ 14 Million | Textiles | Process Industries | 0.1 | 14.7% | LNS1L | |
24 | INVL BALTIC REAL ESTATE | $ 4 Million | Real Estate Development | 9 | Finance | 0.4 | 14.9% | INR1L |
25 | NEO FINANCE | $ 2 Million | Finance/Rental/Leasing | Finance | 3.6% | NEOFI | ||
26 | INVL BALTIC FARMLAND | $ 1 Million | Real Estate Development | 2 | Finance | 0.0 | 6.9% | INL1L |
27 | INVL TECHNOLOGY | $ 0 Million | Packaged Software | Technology Services | 0.0 | 18.1% | INC1L |
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Ignitis Group – largest Company in Lithuania
Ignitis Group is one of the largest energy and renewable energy companies in the Baltic region . The company’s companies operate in Lithuania, Latvia, Estonia, Poland and Finland. The innovation fund managed by the group has invested in 17 companies in seven countries around the world developing new technologies in energy and electrified mobility.
The main activities of the group companies are the production and supply of electricity and heat, the trade and distribution of electricity and natural gas, as well as the implementation of innovative energy solutions. The group companies supply electricity and natural gas to about 1.6 million. business and private customers.
Ignitis Group pays great attention to the development of green energy and aims to become the main center of competence for new energy in the region and a leader in distributed energy solutions both in the Baltic Sea and in other regions .
Currently, Ignitis Group companies in Lithuania own four operating wind farms with a total capacity of 58 MW, and another 18 MW operating in Estonia. 2021 In the spring of 2006, the Group also generated the first electricity at a 94 MW wind farm in Pomerania, Poland. In Mažeikiai district, the construction of the wind farm has already started, and in 2022. At the end of 2007, green electricity will be generated by 14 wind farms with a total installed capacity of about 63 MW.
The group owns the Elektrėnai complex with an electricity generation capacity of 1,055 MW. It also operates the region’s unique Kruonis Hydro Accumulation Power Plant with a capacity of 900 MW and the Kaunas Algirdas Brazauskas Hydroelectric Power Plant with a capacity of 100.8 MW . The group also owns modern cogeneration power plants in Vilnius and Kaunas , which convert unsuitable waste into energy.
The thermal capacity of the Vilnius cogeneration power plant is 229 MW, and the electric capacity is 92 MW. The capacity of Kaunas cogeneration power plant reaches 70 MW and 24 MW, respectively. Ignitis Group is also investing in the reduction of greenhouse gas emissions – it has distributed 600 million. euro worth of green bonds . The funds received from them were used to implement various projects in Lithuania, which are expected to reduce carbon dioxide emissions by at least 700 thousand annually. tons